Money will always flow toward opportunity, and there is an abundance of that in America.
Interpretation
The quote emphasizes that money naturally gravitates towards opportunities, particularly in the context of America's wealth of chances for success.
Warren Buffett's quote suggests that financial resources tend to go where there are potential opportunities to grow and prosper. In America, which is often seen as a land of opportunity, there exists a multitude of possibilities for individuals and businesses to succeed, reinforcing the idea that taking advantage of these opportunities can lead to financial success.
In practice
This quote could inspire entrepreneurs seeking to invest in new ventures.
I have no views as to where it will be, but the one thing I can tell you is it won't do anything between now and then except look at you. Whereas, you know, Coca-Cola (KO) will be making money, and I think Wells Fargo (WFC) will be making a lot of money and there will be a lot - and it's a lot - it's a lot better to have a goose that keeps laying eggs than a goose that just sits there and eats insurance and storage and a few things like that.
If the world couldn't see your results, would you rather be thought of as the world's greatest investor but in reality have the world's worst record? Or be thought of as the world's worst investor when you were actually the best?
Cash never makes us happy, but it's better to have the money burning a hole in Berkshire's pocket than resting comfortably in someone else's.
I think you should read everything you can. In my case, by the age of 10, I'd read every book in the Omaha public library about investing, some twice. _x000D_ You need to fill your mind with various competing thoughts and decide which make sense.
The most common cause of low prices is pessimism - some times pervasive, some times specific to a company or industry. We want to do business in such an environment, not because we like pessimism but because we like the prices it produces. It's optimism that is the enemy of the rational buyer.
Oneβs objective should be to get it right, get it quick, get it out and get it over. Your problem wonβt improve with age.
For every talent that poverty has stimulated it has blighted a hundred.
It takes sacrifice as well as talent.
A successful competition for me is always going out there and putting 100 percent into whatever I'm doing. It's not always winning. People, I think, mistake that it's just winning. Sometimes it could be, but for me, it's hitting the best sets I can, gaining confidence, and having a good time and having fun.
Modern man is conditioned to expect instant gratification, but any success or triumph realized quickly, with only marginal effort, is necessarily shallow. Meaningful achievement takes time, hard work, persistence, patience, proper intent and self-awareness. The path to success is punctuated by failure, consolidation, and renewed effort.
You don't have to specialize - do everything that you love and then, at some time, the future will come together for you in some form.
Increasingly, staying in the middle class - let alone aspiring to become middle class - is becoming a game of chance.
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